Form D · Other Investment Fund

USB Focus Fund XXVIII, LLC

Lincoln, MA · CIK 0001580022

Offering snapshot reported Sep 14, 2015 · SEC filing

Reported sold: $3M
Investors reported: 60
Minimum accepted: $16.8K
First sale: Sep 9, 2015

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Sep 14, 2015	Initial	$3,000,000	No comparison	60	SEC filing
Oct 7, 2013	Amendment	$4,525,000	$545,000vs Aug 30, 2013	72	SEC filing
Aug 30, 2013	Amendment	$3,980,000	$1,805,000vs Jul 22, 2013	61	SEC filing
Jul 22, 2013	Amendment	$2,175,000	$500,000vs Jul 8, 2013	33	SEC filing
Jul 8, 2013	Amendment	$1,675,000	$1,175,000vs Jun 27, 2013	23	SEC filing
Jun 27, 2013	Initial	$500,000	No comparison	6	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: No
Business combination: No

Sales commissions: $168K
Finders' fees: $0
Form D file number: 021-247525

Paid by the entity in which the Issuer is investing.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
U.S. Boston Capital Corporation	5251

Source: Form D, filed Sep 14, 2015. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

USB FOCUS FUND XXVIII, LLC

Investment adviser: PEAR TREE PARTNERS, LP

Gross asset value: $2.27M
Beneficial owners: 67
ADV minimum commitment: $25K

Reported in Form ADV on Mar 12, 2025. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor EISNERAMPER LLP BOSTON, Massachusetts, United States

Custodian SILICON VALLEY BANK - FIRST CITIZENS BANK BOSTON, Massachusetts, United States Related to adviser: No

Marketer U. S. BOSTON CAPITAL CORPORATION LINCOLN, Massachusetts, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: Yes

EISNERAMPER LLP
PCAOB 274

SILICON VALLEY BANK - FIRST CITIZENS BANK
LEI 0001172928

U. S. BOSTON CAPITAL CORPORATION
CRD 5251 · SEC 8-15885

Filing source

Form ADV 1956516 · Mar 12, 2025 · Schedule D 7.B.(1), fund 805-7931978086

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
USB Focus Fund XXI, LLC	May 25, 2010	$13,500,000	92
USB Focus Fund XXII, LLC	May 25, 2010	$6,500,000	30
USB Focus Fund XXIII, LLC	Feb 9, 2010	$13,375,000	95
USB Focus Fund XXIV, LLC	Oct 14, 2011	$9,525,000	87
USB Focus Fund XXV, LLC	Dec 14, 2011	$4,225,000	71
USB Focus Fund XXVI, LLC	Jul 16, 2012	$7,350,105	46
USB Focus Fund XXVII, LLC	Apr 5, 2013	$7,050,000	89
USB Focus Fund XXVIII, LLC (this fund)	Sep 14, 2015	$3,000,000	60
USB Focus Fund XXIX, LLC	Mar 27, 2014	$4,950,000	73

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Jennifer Dowling Dougherty	Executive
Kathryn Collings Laing	Executive
Leon Okurowski	Executive
N/A Pear Tree Partners, L.P.	Executive
Willard Umphrey	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

55 Old Bedford Rd. Suite 202
Lincoln, MA, 01773